What is the rate of simple interest at which rs. 14,000 gives interest of rs.1960 in two years?
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simple interest = P×R×T/100
= 14000×r×2/100
r= 7℅per anuum.
= 14000×r×2/100
r= 7℅per anuum.
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0
Answer:
Explanation:
simple interest = P×R×T/100
= 14000×r×2/100
r= 7℅per anuum.
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